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SpaceX Falcon Heavy rocket to launch NASA’s Roman Space Telescope
NASA has chosen SpaceX’s Falcon Heavy rocket to launch its next major space telescope, a wide-field observatory that should directly complement the brand new James Webb Space Telescope.
Originally known as the Wide Field InfraRed Survey Telescope (WFIRST), NASA recently renamed the mission in honor of Nancy Grace Roman, a foundational force behind the Hubble Space Telescope. Fittingly, the Roman Space Telescope’s basic design is reminiscent of Hubble in many ways, owing to the fact that the mission exists solely because the US National Reconnaissance Office (NRO) chose to donate an unused multi-billion-dollar spy satellite – a satellite that was effectively a secret Earth-facing version of Hubble.
However, thanks to decades of improvements in electronics, electromechanics, and the instrumentation side of spacecraft and space telescopes, RST will be dramatically more capable than the Hubble telescope it resembles. And now, after a several-year fight for survival, the Roman Space Telescope officially has a ride to space – SpaceX’s Falcon Heavy rocket.
Falcon Heavy continues to be a bit of a paradox, winning contract after contract for increasingly high-value flagship launches despite having not launched once in more than three years. It’s a bit of a self-fulfilling prophecy, at this point, as the major missions that are increasingly being entrusted to Falcon Heavy are far more likely to run into significant spacecraft-side delays. At one point in late 2021, for example, SpaceX had five Falcon Heavy launches tentatively planned in 2022 – all but one of which had already been delayed several months to a year or more. Seven months into 2022, not one of those missions has launched and it’s looking increasingly likely that Falcon Heavy will be lucky to fly at all this year.
Nonetheless, the Roman Space Telescope joins an impressive manifest that includes the multi-billion-dollar GOES-U weather satellite, NASA’s ~$5 billion Europa Clipper, two modules (HALO and PPE) of a Moon-orbiting space station, NASA’s Psyche asteroid explorer, a large Astrobotic Griffin lander carrying NASA’s VIPER Moon rover, two large geostationary communications satellites, and three missions for the US military. RST is the rocket’s 11th launch contract between now and the mid-2020s.
Despite having a similar resolving power, RST’s primary wide-field instrument will have a field of view 100 times greater than Hubble, meaning that the new telescope will be able to gather magnitudes more data in a similar time. Its primary goals include measuring “light from a billion galaxies over the course of the mission lifetime” and performing “a microlensing survey of the inner Milky Way to find ~2,600 exoplanets.” A second coronagraph instrument will “perform high-contrast imaging and spectroscopy of dozens of individual nearby exoplanets.” According to the Jet Propulsion Laboratory, “the Coronagraph provides a crucial stepping stone in the preparation of future missions aiming to [directly] image and characterize Earth-like planets [that are] 10 billion times fainter than their host star.”
According to NASA, “the telescope’s science program also includes dedicated investigations to tackle outstanding questions [about the nature and] effects of dark energy and dark matter, as well as a substantial general investigator program to enable further studies of astrophysical phenomena to advance other science goals.”
Because RST is also focused on infrared wavelengths of light, it could be an excellent companion to the James Webb Space Telescope (JWST). Whereas RST is a wide-field survey observatory that aims to observe and catalog billions of galaxies, stars, and planets, JWST’s far larger mirror is optimized for up-close observation of individual targets or deep gazes into tiny swaths of sky. RST could ultimately work a bit like an MRI or CAT scan to JWST’s biopsy, telling the surgeon where to look but only hinting at what it might find.
According to NASA, the ~$4.3 billion space telescope’s Falcon Heavy launch contract will cost an exceptionally steep $255 million to send the spacecraft to the Sun-Earth L2 Lagrange point about 800,000 kilometers (~500,000 mi) from Earth. NASA’s contract to launch the even more expensive Europa Clipper spacecraft all the way to Jupiter with a fully-expendable Falcon Heavy rocket is expected to cost less than $180 million.
NASA’s press release also claims that RST will be ready to launch as early as October 2026. A different press release from September 2021 did not mention the 2026 target and only noted that RST’s launch is scheduled no later than May 2027.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
